Get ready to build your dream home! Exceptional opportunity meets tranquility on this 1. 45-acre lot in the highly sought-after Johnnycake Mountain Farm subdivision. This parcel offers the perfect canvas for building your dream home, boasting spectacular long-range views and the serenity of a rear lot with southern exposure that backs up to the New Britain Watershed property, ensuring privacy and natural beauty. Accessed to a private drive shared with only three other properties, this lot offers the best of both worlds: seclusion and accessibility. It was thoughtfully designed with road frontage on Sawmill Road, providing the convenience of easy access while maintaining a peaceful, tucked-away feel. The lot has been meticulously prepared for your future home, with surveys completed and pit, deep hole, and soil tests conducted and documented. There are even mapped out documents for your home and septic placement suggestions based on these tests, giving you a head start on the planning process. However, buyers have the flexibility to potentially adjust these plans to suit their vision, pending approval from the Johnnycake Mountain Association and compliance with town & Health Department regulations. Don't miss out on this unique opportunity to create your own private retreat in one of Burlington's most prestigious neighborhoods. With its prime location, stunning views, and thoughtful preparation!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $819 | $798 | $1,029 |
Total Monthly Payment | $894 | $873 | $1,104 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.